Ponzi scheme con man Nicholas Cosmo may be freed on bail soon but he’ll have to come up with more cash first, a judge ruled Thursday.
The judge declared Cosmo, dubbed “Little Bernie Madoff,” is not a flight risk, even as he rejected a defense proposal for $750,000 in bond and sent him back to jail.
“Bail [...]

Finagling financier Bernie Madoff stays in his gilded cage.
A federal judge on Monday rejected the government’s request to yank Madoff from his $7 million Manhattan penthouse – and put him in jail – for violating bail conditions while awaiting trial for a $50 billion Ponzi scheme.
Although he didn’t revoke Madoff’s $10million bail, Manhattan Federal Magistrate [...]